The Hindu Business Line : Wednesday, June 01, 2005

May contracts witness good response on MCX
MCX has witnessed a good response in black pepper, rubber, chana, tur and jeera contracts for May. A MCX release said May rubber contracts resulted in physical delivery of 24 tonnes valued at Rs. 14.98 lakh. Other deliveries in the contracts ... More

AWARDS & HONOURS

Special coffee award for Poabs Organic Estates
THE Kerala-based Poabs Organic Estates has bagged a special award for s arabica coffee at the `Flavour of India - The Fine Cup' cupping competition 2005. For Poabs, though the award is special, it is not unexpected. The estate has been ... More

HORTICULTURE/FRUITS & VEGETABLES

Banana crop destroyed
MADURAI: A sudden gale has caused extensive damage to the banana crop in Pudukottai district. Crops across 600 acres have been destroyed and the loss is around Rs 1 crore, according to the Chairman of District Farmers Forum, Mr G. S. ... More

PLANTATIONS

Scheme for veg cultivation in Thiruvananthapuram
THIRUVANANTHAPURAM: Canara Bank has introduced a special financing scheme to promote vegetable cultivation by households. The scheme, which will initially be available in Thiruvananthapuram city, envisages extending easy credit to ... More

RUBBER

Rubber prices rule steady
Covering groups turned slightly active expecting better quotes from major manufacturers but failed to create an uptrend in most of the grades. Sheet rubber was the only gainer improving 25 paise to Rs 63.75 and Rs 63.50 respectively at Kottayam ... More

PRECIOUS METALS

Gold plunges to 3-month low on euro fall
GOLD prices plunged to below $416 an ounce (3-month low) in the London market on Tuesday forenoon following long liquidation spurred by the rise in dollar against the euro. Experts see further slide to gold prices, possibly $ 410/oz. The ... More

OILSEEDS & EDIBLE OIL

Concessional import quota for edible oils, corn unchanged
ALMOST two months after the beginning of the new financial year, the Directorate General of Foreign Trade has notified the procedure for import of various items under the Tariff Rate Quota. In terms of public notice no. 13/2005 dated May 27, ... More

Need to review stand on oilseeds development fund
FOR some years now, trade associations in the vegetable oil sector have been lobbying with the Government for setting up a separate fund for strengthening and modernising the country's processing sector. They have been demanding that a part of ... More

SPICES & CONDIMENTS

Global pepper supply likely to fall
IF some reports emanating from overseas market sources are to be believed, the world pepper demand is likely to outweigh supply this year as the exportable surplus from most countries will be less than last year. As against a projected ... More

Problem of plenty
Cardamom kept for sale in a spices shop in Kochi. Availability of cheap cardamom from Guatemala in the international markets caused a marginal decline in cardamom exports from the country last fiscal. Productivity in India has also increased due ... More

EVENTS

World Agricultural Forum 2005 — Peace, growth through integrated food systems
THE biennial congress of the World Agricultural Forum (WAF) at St. Louis (MO), US, brings together farmers and civil society organisations, wielders of political power, scientists, producers of inputs and services, ... More

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